Johnson Lane Home Prices - January - June, 2015 (Minden, NV)
Keeping track of Johnson Lane area home prices? This post has key statistics and insights into the current real estate market in this area of Minden.
Johnson Lane Housing Market Summary
|Johnson Lane Area||1st Half - 2014||1st Half - 2015||% Change|
|Number of Homes Sold||52||80||54%|
|Average Days on Market||94||125||33%|
|Highest Price||$ 578,000||$ 690,000||19%|
|Lowest Price||$ 141,500||$ 135,080||-5%|
|Average Home Price||$ 335,055||$ 371,512||11%|
|Median Home Price||$ 328,000||$ 358,250||9%|
|Sold Price / List Price %||96.7%||97.9%||1%|
Summary of Market Statistics
Number of homes sold - The Johnson Lane area had a significant increase in home sale activity during the first half of 2015 over the first half of 2014. For perspective, the Carson Valley area, which includes all of Minden, Genoa, and Gardnerville, saw a 31% increase in home sales from June, 2014 to June, 2015. The higher rate of change indicates that Johnson Lane is a more desirable market within the Carson Valley.
Median Home Price - The median home price in Johnson Lane has increased by nine percent, or more than $30,000, in one year.
Sold Price / List Price % - This metric has increased one percent. This shows that sellers are realizing a price closer to the list price than they were one year ago.
High and Low Home Price Summary
1st half of 2015 Highest Priced Home Sold - This spacious three bedroom, three bathroom home is built on a nearly 10 acre property that contains a large outbuilding in addition to a two vehicle garage. Built in 2002, this tile floored residence boasts granite countertops and hardwood cabinets.
1st half of 2015 Lowest Priced Home Sold - The 481square foot home situated on this one-acre lot has an unusual range of features. With one bedroom and a three car garage, it may have been built with a very specific purpose in mind.
Currently Listed - Highest Priced Home Sold - This listing, situated on nearly 40 acres of property at 2515 Highway 395, includes a main house and a guest house for a combined 8,520 square feet of living space. Additional buildings, an indoor pool and water rights come with the property.
Currently Listed - Lowest Priced Home Sold - A main house and guest house are situated on this fully fenced, one acre lot at 1339 Kim Place. Zoned for horses, this lot also contains a woodshed and a detached, two vehicle garage.